The oil industry of Pakistan began in 1887 with the first exploratory well drilled near Kundal, Punjab. The first oil discovery was in 1915 at Khaur, Punjab. Currently, Pakistan produces 68,670 barrels of oil per day but consumes 345,000 barrels daily. Several international and national companies operate in Pakistan's upstream and downstream oil and gas sectors, including BP, ENI, OMV, MOL, BHP Billiton, OGDCL, PPL, and Mari Gas Company. Major service companies active in Pakistan include Schlumberger, Weatherford, Halliburton, and Baker Hughes.
60. The gas in place is 10.53 TCF. Initial gas reserve estimate of 3TCF which were enhanced to 6.8 TCF thus making Mari the country’s 2nd largest gas field.
61. In 1983-84, Fauji Foundation acquired the entire business operations of Esso Eastern Inc. in Pakistan and was reorganized and incorporated as Mari Gas Company Limited (MGCL).
62.
63.
64. The world’s largest oilfield products & services provider.
65. In 1956, the company known as Schlumberger Limited was officially set up.
76. Baker Hughes Inc. The world's third-largest oilfield services company behind Schlumberger and Halliburton In 1987, Baker Hughes Incorporated was formed when BakerInternational and Hughes Tool Company merged. Both companies were founded by Reuben C. Baker in July 1907 and Howard R. Hughes in 1908 respectively. Baker Hughes operates in over 90 countries worldwide having major offices in countries like United Kingdom, Singapore, Dubai, Germany, Italy, Indonesia and Malaysia